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Search Results 0 to 49 of about 81 (some duplicates have been removed)
FOX News
Dec 26, 2012 7:00pm PST
tomorrow. >>> tonight a new hurdle in the race to avoid the fiscal cliff. the weather. a powerful winter storm blasting the nation as president obama and lawmakers try to get back to washington. >> all eyes turn to plan c. >> i would hope that we would have one last attempt here to do what everyone knows what needs to be done. look at the front page here. it says obama headed back to work after short vacation. >> i think the president is eager to go over the cliff for political purposes. >> if we go off the cliff unimpeded, it's a $400 billion tax hike. >> outrage after a newspaper gets its hands on the names and addresses of gun permit holders and then publishes the information online. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> isn't it possible that if we got rid of these, if we replaced them and said you can only have a magazine that carries five bullets or ten bullets, isn't it just possible that we could reduce the carnage in a situation like this? >> i don't believe that will make one difference. >> oh, my god, a tornado. >> winter weather threat
CNBC
Dec 26, 2012 3:00pm EST
yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt ches
CSPAN
Dec 31, 2012 3:30pm EST
-called fiscal cliff are making progress. and we're not there yet, but they're making progress. and i'm really encouraged by that. i've heard over the last couple of days a familiar phrase invoked many times, and it is that "no deal is better than a bad deal." and i suppose it's often true that no deal is better than a bad deal, but in the case of the fiscal cliff, no deal is the worst deal because the government will go over the fiscal cliff and will take almost every american with us. almost every family that pays taxes now will pay higher taxes. people's jobs will immediately be put in jeopardy, unemployment compensation will end for more than 2 million people, our defenses will be decimated by cuts that will put us in a position of accepting really unacceptable risks to our security, title 1 programs of education for low-income children will be cut dramatically, most people, including the congressional budget office, our own congressional budget office, say that the combination of tax increases along with the decreased spending required under the budget control act will push our economy ba
CNBC
Dec 28, 2012 9:00am EST
of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the flap around privacy with users, fleeing the site. how will this impact facebook? >> as we mentioned, dennis berman, "wall street journal" market place editor is joining us here on set once again for the next hour. good to have you back, dennis. lots to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fa
CNN
Dec 30, 2012 6:00am PST
whether a deal to avoid the fiscal cliff is in the works or out of the question. in what passes for a sign of hope, senate staff members spent saturday shuttling papers presumably containing proposals between harry reid and mitch mcconnell's offices. both the senate and house are meeting today. joins me touk at that about where things stand is darrell issa of california and done nan edwards and michigan senator debbie sab snow and jon ba wrasse o from wyoming. what's up? what is happening that you can tell us about? >> well, there's a lot of work going on right now on both sides of the aisle in the senate to come to an aagreement. to me there's take basic principle, and if everybody agrees we can go forward. that is, don't hold middle class families hostage to the debate about whether or not the wealthiest americans should get another tax cut. i would argue we can't afford it as a country, but the question is, are we going to allow middle class families to see their taxes go up while we have this debate? if we can agree we will continue tax cuts for the middle class, everything else begins
CNBC
Dec 28, 2012 3:00pm EST
griffith. we're just three days away from the new year. still no fix on the fiscal cliff, but there are developments right now, as you know. brian just mentioning there. various congressional leaders and the president getting set to meet at the white house this hour to work on last-minute negotiations all in an effort to avoid those series of tax increases and spending cuts due to take effect next year. what we hear is the senate leaders are there. speaker boehner and minority leader nancy pelosi have yet to arrive, but now we're showing you live pictures. maybe somebody is going to get out of that car, and we'll see if any of the other leaders will be heading to the white house. this is speaker boehner right now heading into the white house. we'll keep you updated as this hour progresses here. >> indeed, meantime, more red arrows here on wall street as investors are awaiting for any signs of progress from the white house meeting which is about to get under way. right now we're sitting smack on 13,000. we've clawed back from being below that earlier on today. the nasdaq h
CNBC
Dec 26, 2012 4:00pm EST
there's a little bit better tone away from the fiscal cliff. that's where it is right now. >> what about this concept. skeptical, the idea that we're underowned in the stock market and anything -- any resolution could mean stocks. >> a lot of cash on the sidelines that will be put to work if you get a little bit of a sign of a resolution here, bill. happy new year. >> nice tie, but i'm always saying that to you. we're going to the mid-point of the range, dow down 22 points. that's the first hour of the "closing bell." stand by now for hour number two. >> and welcome back, to the "closing bell." i'm mandy drury sitting in for maria bartiromo. it is the end of another trading day, and, no, we do not have a fix for the fiscal cliff. guess what, the numbers also reflect that. let's take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down by 22 points and the s&p 500 is down by about seven points, and as i said it is crunch time. there are only three trading days left now for 2012 and stil
MSNBC
Dec 28, 2012 4:00pm PST
of a roadblock as they can, even if it means going over the fiscal cliff. so if harry reid and mr. mcconnell can't come up with something, then you've got barack obama's proposal. >> joy, even before it gets to the house republicans, there are plenty of republicans in the senate who can mess this up, right? even if mcconnell and reid have a deal, there's no guarantee that there sisn't a single tea party-backed senator. >> well, i mean, at the end of the day, look, mitch mcconnell is a much better leader of his caucus. and mcconnell has really controlled the leaders. the fact that he's meeting with harry reid means there probably isn't going to be a filibuster. i'll find that very surprising. the problem is that never have we seen, not in my lifetime, a weaker speaker of the house of ren zentives than john boehner. john boehner has essentially thrown up his hands and walked away from this process. he's walked away from the constitutional mandate that senate and tax bills come from the house, not the stat. and he's said you guys pass something. they were going to pass something. it's the house tha
FOX
Dec 31, 2012 2:00am PST
>> chris: i'm chris wallace. with the clock ticking toward the fiscal cliff, it is crunch time on capitol hill. ♪ >> chris: as the new year rings in, we are headed to a major financial hangover. what happens if big tax hikes and spending cuts take effect? will washington come up with a last-minute compromise? plus, where are we headed on new demands for gun control? and, will we ever get all of the answers to the benghazi terror attacks? we'll cover a lot of ground when we sit down with two leading senators: democrat dianne feinstein and republican lindsay graham. also th 2012 in the rearview mirror we look ahead to 2013. our sunday panel weighs in on what we'll be talking about in the coming year. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it turns out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining
FOX News
Dec 28, 2012 8:00am PST
faulkner. with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for
CSPAN
Dec 31, 2012 7:00am EST
of joe manchin as congress prepares to meet again today with the fiscal cliff looming. good morning. the deadline is here and the countdown is down two hours instead of days. the first time since 1970, congress is meeting between the christmas and new year's holiday. preparations are underway as lawmakers -- if lawmakers fail to act. we are 17 hours until the deadline. midnight is the deadline east coast time. here are the numbers. host: also, send us an e-mail and jonas on facebook, -- join us on facebook or you can send us a tweet. let's take a scan of the headlines and we begin with "the atlanta journal-constitution." a lot of talking but still no votes. the deadline has come and gone. one last day for a fiscal deal is the headline from "the boston globe." we are also keeping an eye on wall street. the markets are queasy. from the headlines "the wall street journal." host: a lot of activity on the house and senate chamber. we will be falling all of that on the c-span networks. we have the deputy white house editor from politico. tell us where we stand. guest: we stand in limbo,
CNN
Dec 24, 2012 2:00am PST
the country to go off the fiscal cliff to gain political points are lawmakers playing chicken with your taxes? >>> and a winter storm may be headed your way. who may be getting a white christmas and what it means for your holiday travels. we'll have all of that, coming up. good morning, everybody. welcome to early start. i'm alina cho in new york. >> and i'm dana bash in washington. john and zoraida are off. >> a developing story in afghanistan. an adviser to the afghan police has been shot and killed by a woman wearing an afghan police uniform. the latest in the series of green on blue insider attacks and our pentagon correspondent barbara starr joins us live with details on that. good morning. how unusual is this? >> well, alana, sadly this is a story we've report sod often during the year, haven't we? the details on this attack are different in one respect. as far as we know this is a case where a woman, an afghan woman in a police uniform conducted this shooting and killing. a contractor in cab uhl police headquarters. the nato alliance has already announced the incident but not said the
CNBC
Dec 28, 2012 6:00am EST
to avoid the fiscal cliff. >>> the dow erases a 150 point decline on news that the house will be back in session on sunday evening. and time is rubbing out to avoid a strike at 14 major east coast ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> wha
CNBC
Dec 27, 2012 4:00pm EST
because, quote, the phone never rang. he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr. president, that the speakers's number on
CNN
Dec 26, 2012 1:00pm PST
the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come
CNBC
Dec 26, 2012 9:00am EST
vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of 2012, home builders going in 2013. >> data showing what some experts say is the slowest growth in spending since the 2008 recession. according to mastercard, spending polls units through christmas eve, retail sales rose just .7% from the year before. the national retail federation says it is forecasting a 4% jump in sales. we'll continue to get trickles of data as we progress through this last week. it is still an important week, the final week before the new year in terms of retail sales for these guys. >> historically positive the last five days of the year and blends into the first couple of days of the new year. generally get a nice year-end effect. we'll get claims tomorrow. new home sales tomorrow. chicago pmi on friday. but this idea that retail is soft, was it the fiscal cliff? was it sandy? was it some
CNBC
Dec 26, 2012 2:00pm EST
stocks melting down as the consumer finally caved in. a storm of another kind, the fiscal cliff, just days away but there's yet another threat out there which might even have a bigger impact on the economy. we'll tell you what it is. that story ahead. >>> plus, herbalife decides the best defense is a good offense and why amazon and netflix are suddenly feuding like the hatfields and mccoys. >> hello, everybody. on the fourth last trading day of this year, it is worth looking at the tally year-to-date. the dow has gained about 7%. the s & p is up about 13%. the best still could be to come as since 1928, the s & p averaged its greatest gains in the last few days of the month. of course we now have to deal with the fiscal cliff. also, the nasdaq is the percentage winner with a gain of 15% this year. which, by the way, is exactly the same as australia's asx. >> two minutes into the show, already an australia reference. shameless. >> shameless. >>> all right. could be a humbug christmas for retailers this year. the market today saying that things look a little more naughty than nice for ma
FOX News
Dec 26, 2012 12:00pm PST
to try to hammer out a deal on the fiscal cliff. where do we stand with six days to go? that's all ahead unless breaking news changes everything on "studio b." first from fox at 3:00, winter weather threatening to cause travel problems for people getting home after the holidays. some states dealing with snow, thunderstorms and tornadoes. check out this twister that touched down in mobile, alabama last night. >> oh my god, look. that's a tornado. oh, wow. oh, jesus, look at that tornado. >> nearly three dozen reported tornadoes trashing texas, louisiana, mississippi and alabama. according to the national weather service, new tornado warnings are in effect for the carolinas at the same time a winter weather system cut power to nearly 200,000 homes and businesses in the south. >> our electricity went out at our house and we're trying to get our generator started. we came to get gas for the generator. >> "the associated press" reports the storm has killed six people across the nation's midsection and moving north and east toward new england set to bring snow, sleet and thunderstorms during t
MSNBC
Dec 27, 2012 4:00pm PST
obvious. the prospect of reaching a deal to avoid the fiscal cliff before january 1st is very unlikely. that's putting it lightly. let's watch. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind, but i have to be very honest, mr. president, i don't know timewise how it can happen now. >> well, that was plain. this afternoon senate minority leader mitch mcconnell said he wasn't willing to offer the white house a blank check just because we're on the edge of the cliff. take a look. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> well, actually it's not a blank check the president has been pushing. and this i
MSNBC
Dec 24, 2012 11:00am PST
. the new year and the so-called fiscal cliff. for the record, though, it's about 178 hours away if we're getting down to the wire. that's specifically. how much negotiating can be squeezed in to that little bit of time? >>> new numbers on whether exist consumers are buying less. >>> and just in time for the holiday, a christmas storm expecting to hit the midwest. when, where and how much snoi is expected. we bring the answers in minutes. >>> we start with optimism as a last words that comes to mind with the fiscal cliff and with just a week left for talks left, la lawmakers are saying a deal is looking less likely than ever. >> it's a first time i feel it's more likely that we'll go over the cliff than not. and that -- if we allow that to happen it will be the most coloss colossal, consequential act of congressional irresponsibility in a long time. maybe ever in american history because of the immaterial pact on almost every single american. >> what will happen to an average american paycheck in a deal is not reached by january 1st? joining me now, washington bureau correspondent hamp
CBS
Dec 24, 2012 5:30pm PST
worries about the impact of if fiscal cliff tax increases that will pame with the end of the year. >> come january we're going to hit economic hangover when taxes are going to go up and everyone and ebe miserable. >> reporter: analysts say sales ana been strong this holiday season partly because many retailers started cutting prices ngrly. that meant bargains for christmas shoppers but, jeff, may mean lower profits for the jefes. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of se
CNBC
Dec 26, 2012 7:00pm EST
in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. first of all, treasury secretary geithner this afternoon announced the united states would hit the s
CNN
Dec 27, 2012 4:00pm PST
leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings i
CNBC
Dec 27, 2012 5:00pm EST
to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen eye on that and more importantly, we'll have our keen eye on discussions surrounding the 2% payroll tax cut which has been quite absent. so, hopefully tomorrow we'll see some sort of progress on that front. >> all right, gentlemen, thank you both for, all three for joining us today and we will watch very carefully. tomorrow could be very, very interesting. that does it for us. thank you for watching. >> indeed. "fast money" starting right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's top three trades. cliff hanger. will we or won't we fall off the edge? only two trading days left to take your positions. block buster returns. his stock is up nearly 90%. michael burns of lionsgate gives us a sneak peak. and technical difficulty. why the char
CNBC
Dec 26, 2012 6:00am EST
, there's only one main story this morning. it's a familiar one. the looming fiscal cliff. aides for both parties now saying a partial agreement or patch probably the most that we can be expecting before january 1. >> i think we're dealing now with whether or not we can put off the -- the increase in tax rates. that's really all we can deal with now. >> the next session of the senate is now set for tomorrow. the house has nothing on its schedule for this week. members have been told they could be called back within 48 hours' notice. meantime, and this i guess is also the big news, the white house saying the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's allowed. he's n
NBC
Dec 28, 2012 4:30am EST
. >>> a fiscal milk cliff could be looming. thieves clean out a walmart, including guns, and bears over the bruins in the holiday bowl. "early today" starts right now. >> announcer: this is "early today" for friday, december 28th, 2012. >>> good morning, i'm mara schiavocampo. even as the finger pointing continues on capitol hill this morning there is new hope for a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle, what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last-minute meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on monday. as you know, the senate came back early from the christmas holiday yesterday. but they didn't seem able to compromise. they continued the bickering. the house wasn't even here. they're not even in
CNN
Dec 24, 2012 6:00am PST
on the fiscal cliff deadline on december 31st. retiring senator joe lieberman puts the potential failure in historic perspective. >> i feel it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal, consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> so, hey, merry christmas. our white house correspondent brianna keilar is traveling with the president in honolulu. brianna, are the white house and republicans even talking? >> reporter: no. they're not, carol. there's no substantive discussions going on between the white house and senate democrats and senate republicans and house republicans. and this is key because in order for the cliff
MSNBC
Dec 30, 2012 5:00pm PST
." >>> it is 8:00 on east coast. a lot to tell you about the fiscal cliff. first, breaking news. we just got this from the associated press. secretary of state hillary clinton has been admitted to the hospital with a blood clot. following that concussion, you'll remember, she suffered a concussion after becoming severely dehydrated and she fell earlier this month. we should say, nbc news has not confirmed this report. let's go to nbc's kristin welker, who is at the white house. my understanding was, kristin, she had been expected to go back to work soon. >> reporter: that was our understanding. secretary of state, officials with the department, essentially saying that she was getting better, they expected her to return to work soon. of course, we learned about the fact that she was not feeling well, that she was ill, she had the flu a couple of weeks ago, and then a couple days after that, we learned that she became dehydrated, fell, suffered a concussion, as you said. at that point in time, officials with her department said she was at home, he was resting, she was getting medical care, she
MSNBC
Dec 30, 2012 2:00pm PST
. >> 30 hours to go until the country hits the fiscal cliff and still no deal. i'm melissa rayberger, and the white house has sent one of its top negotiators to capitol hill, but right now it's all centered on the senate, and as democrats dig in to protect social programs, republicans do the same on taxes. >> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be about reducing the deficit and the debt, and what they are essentially suggesting is we want new taxes. we want higher taxes on people in this country to pay for new spending. >> so what happens next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night because everything seems
CNBC
Dec 28, 2012 4:00pm EST
ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the markets? it's going to be up or down dramatically which makes it challenging for all investors
FOX News
Dec 26, 2012 4:00pm PST
issues is critical. the edge of the so-called fiscal cliff is really in view now. the home county of house speaker john boehner butler county, ohio, currently under a blizzard warning. house republican leaders holding a conference call earlier today on the fiscal cliff, but so far they have not yet called on lawmakers to return to capitol hill. but they have said they will give a 48 hour warning if they plan to do that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax hikes and deep spending cuts from kicking in on january 1st. and if they don't reach a deal before then, many economists say we will dip back into a recession. i had henly house republican leaders didn't have a lot of new information for their lawmakers. they would have 48 hour notice if they are needed to pray back to washington from various districts around the country. that tells us they are being noncommittal at this point because they frankly do not know whether or not there will be a deal to avert the fisca
CNN
Dec 27, 2012 9:00am PST
to tackle the so-called fiscal cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities.
ABC
Dec 26, 2012 2:40am PST
. and then there's the issue of the fiscal cliff and higher taxes. >> i think the worries of what we're going to be dealing with at the end of the year has curbed our spending, for sure. >> reporter: retailers today are trying to outdo one another with deals, often better than what was offered the day after thanksgiving. amazon offering a 46-inch tv, marked down 44% for just $338. best buy is cutting the price of a nikon camera. and a cashmere sweater from bloomingdale's, just $89.99. last year shoppers spent more than $7 billion on the day after christmas. bargains have become a post holiday tradition. whether you're shopping in stores or surfing for discounts and free shipping from online venders, retailers are looking for you on what may be the fifth busiest shopping day of the year. brad wheelis, abc news, los angeles. >> i think you have the right idea. we should go shopping when we're done. online venders still offering free shipping. just go online and find the coupons. it's that simple. >> yes. from shopping to the big games, coming up, we'll take a look at the nba games that were tak
ABC
Dec 24, 2012 2:30am EST
are blaming worries over the fiscal cliff for the fiscal slump. overall, holiday sales should be up 2.5% this season. retailers expect nearly $258 billion in sales by christmas day. online sales are up more than 8% through saturday to an estimated $48 billion. and abc's nick lot reports procrastinators are finding some good deals. >> reporter: we have just entered the final hours of gift buying. you look quite stressed. >> i'm note going to lie, i'm tripping out. i want to make sure everyone gets taken care of. >> reporter: the sign says the late gift might be the best gift. true yafrugality evaporates. you make a gut instinct decision. >> say you want to buy a sweater for your wife. if you think about it too much, you may not make a good choice. >> reporter: do you feel you perform best under pressure? >> absolutely. >> reporter: do you always do it last minute? >> yes, absolutely. you have to make a good decision. >> reporter: stores stay open for the last-minute larries. wallgreens is open christmas day. are you a procrastinator by nature? >> yes. >> reporter: the sales have alread
CNN
Dec 24, 2012 9:00am PST
, barbara. appreciate it. >>> both sides on the fiscal cliff debate finally agree on something. unfortunately, they agree that going over the fiscal cliff is now a real possibility. you got the democrats, the white house republicans. they all say it is possible they're not going to reach a deal to avoid the massive tax increases and spending cuts that will take place in just eight days brianna keeler is in honolulu. i'm not going to tease you about hawaii being a junket, because i know it's hard work and you're doing something. >> thank you. >> absolutely. i'm a little jealous of the water and backdrop and sand. never mind. i won't hate here. tell us, are there any conversations that are going on between the president, the republicans, the democrats, anybody to aavoid the fiscal cliff? >> reporter: well, this is what may be alarming to learn, suzanne. obviously, the white house is always in concert with senate democrats. there's always an open line of communication there, but there are really no substantive discussions going on with the white house and senate democrats with rep
FOX Business
Dec 26, 2012 1:00pm EST
start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some movers. michael cores down over 6%. tracy: i was in the balls this weekend. lori: crowded theater not like i thought it would be. adam shapiro in the newsroom with the details. i thought it was way busier last year than it was this weekend. >> no. here are some numbers. for the period of october to eight and d
NBC
Dec 24, 2012 7:00am EST
a first look. >>> congress is taking a break here and they have that fiscal cliff deadline looming and gun control. two high-ranking senators saying over the weekend about the fiscal cliff more likely a deal won't be met in time. we'll get into that. >>> a piece of "the boston globe" over the weekend where mitt romney's elder son said his father was reluctant and didn'ten to run for president to begin with. >>> long before the duchess cambridge joined the royal family, queen elizabeth was setting the style trends. this morning her fashion secrets revealed but her official dresser. can't wait for that. >>> let's get started with that all-important forecast on this busy christmas eve morning. the weather channel's maria la rosa is in for al upstairs in the stat light center. good morning. >> we have a positive side. it's been a wind snowfall for ski he resorts across the west but travel is a nightmare. they're holding traffic in passes in the sierra nevada. it pushes to the east, and that's when we are concerned about severe weather. look at the future cast looking at the radar from midnight
CNBC
Dec 26, 2012 5:00pm EST
by the fiscal cliff. my guess is, in past decembers, they have not that kind of thing to deal with in the way we do right now. >> president comes back to washington, he'll get on a flight in just a couple of hours, we'll be back at 7:00 east coast time in washington tomorrow, assuming the weather allows air force one to get through all of that. in many teen time. and then, presumably, maybe some of the negotiations can get back on track at that time. in the meantime, the dow down 24 points today. that's it for us. thank you for watching. >> and "fast money" starts right now. stay tuned to cnbc. >> we'll see you tomorrow. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. retail wreck. santa delivered coal for most today. should you be betting on a bounce back? the global race to print money is on. and we've got the best ways to play japan's easy money. and 2013 trades. top picks in an uncertain world also "fast money" goes fast forward into next year. first, to our top stories. five days to go until the fiscal cliff and the
CNBC
Dec 27, 2012 9:00am EST
for us? >> well, on the fiscal cliff, i wish it were different, but it certainly is beginning to shape up like, in the end, the democrats will be able to step back and say we raised taxes on rich people and the republicans will take credit for cutting programs. and it looks like it will go into january, unfortunately. the market doesn't seem to care. >> all the big deal, boehner and obama tried to do last year, still have to do that, simpson boles-type thing. >> by what the secretary of the treasury said yesterday. >> right. >> thank you for being here. >> bromance. a lot of fun. make sure you join us tomorrow. "squawk on the street" begins right now. >>> good thursday morning, welcome to "squawk on the street" live from the new york stock exchange, i'm carl kin ten nia with melissa lee, cramer and neighborer are off today but we are joined by dennis. good morning to you dennis, thanks for coming in. futures today, a lot to deal with as you probably know. the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent dat
FOX News
Dec 30, 2012 3:00am PST
huddy in for alisyn camerota. we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no snow. >> juliet
CNN
Dec 27, 2012 5:00pm PST
tomorrow to steer us back from the fiscal cliff. more on what, if any, deal could be shaping up. and keeping them honest, why avoiding economic disaster seems to be so hard to do for some of the folks in washington. hi, i just switched jobs, and i want to roll over my old 401(k) into a fidelity ira. man: okay, no problem. it's easy to get started; i can help you with the paperwork. um...this green line just appeared on my floor. yeah, that's fidelity helping yoreach your financial goals. could you hold on a second? it's your money. roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snaps
ABC
Dec 24, 2012 2:05am EST
's not as dire as the whole fiscal cliff situation, but there are a lot of people upset at the game show "wheel of fortune." >> it has to do with a contestant who guessed the right word but lost because of the way she said the word because of her accent. here's abc's john muller. >> reporter: she was on a roll, cruising her way towards thousands on "wheel of fortune. >> n. >> three ns. >> reporter: renee can taste victory. she's got the winning answer. >> i would like to solve. seven swans a swimming. >> reporter: or so she thought. pronouncing swimming swimmin'. >> yeah. >> that's how i speak, you know, being from florida. i had asked for the g, so i knew it was there. >> reporter: judges said it was spoken in vernacular. the twitter lit up with outrage. "wheel of fortune" hates southerners. even the other contestant handed the win couldn't believe it. >> you ddo you know what happen? >> no. >> it cost me the show. >> reporter: while the judges may be grinches, they didn't feel our christmas spirit, even if she sings it seven swams a swimmin'. >> it's been such a whirl wind, i feel like i shou
CBS
Dec 26, 2012 7:00am PST
and warnings into the midwest and portions of upstate -- >> if you see me say high. >> the fiscal cliff is forcing the president so cut short his christmas vacation. >> he would insurablely dare house and senate republicans to oppose. >> inside the home of a gunman who shot and killed two firefighters. >> they believe to have found human remains -- >>> these afghans are dead after a suicide bomber instruct at an air base. >> china has the fastest train in the world, it will travel nearly 200 miles per hour. >> he was stolen from a street in new york city and now thanks to good samaritans the dog is back home. >> whoa! >>> there goes santa! look at that. >> this sad, an alabama fan, a hat, and tickets to the bcs title game. >> we're going to the game! ♪ >>> welcome to cbs this morning. we begin with this powerful storm system that caused a string of tornadoes that damaged buildings and knocked out hour in places like louisiana, mississippi, and alabama. it dropped heavy snow in parts of texas, oklahoma, and arkansas. >> it's blamed for three deaths and we'll check
CNBC
Dec 24, 2012 9:00am EST
getting used to the idea that a fiscal cliff solution will not happen before year end? >> only a few hours remain to finish your christmas shopping. but some words of caution for toymakers. are tablets and apps ruining the season as kids get more accustomed to technology? >> microsoft windows 8 gets more bad press today, as "the new york times" said it is not leading to a boost in pc sales. is there anything that can turn that lagging sector around? futures moving lower, as concerns about the fiscal cliff talks weigh on the market. talks about progress toward a deal sent the down lower by almost 521 points on friday. s&p up almost 14% on the year. it's interesting, this year we've had so many unnatural phenomenon taking place, whether it's the effects of the fed's monetary policy, year end, fiscal cliff tax related issues. the motivations are a little bit different this time around than they were last year. >> yeah. it's not as pressing, some would argue. some were actually saying on friday, maybe it would have been better if the markets had a sharper sell-off because that could have force
CNBC
Dec 27, 2012 7:00pm EST
for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, i
MSNBC
Dec 28, 2012 2:00pm PST
on this fiscal cliff, i think a lot of republicans will move towards that $250,000 number. 24e may not like the president's deal or his approach, but both sides want to extend middle class tax rates. that's the key. both parties agree they want to extend to a certain threshold middle class tax rates. it's all about where that ball ends pup. >> so you think republicans will go for $250,000. >> i don't think the republican leadership will agree on $250,000, but you will see as many republicans move towards $250,000, maybe a scattering in the senate, a scattering in the house, because at the end of the day they want to extend as many rates as possible. >> but, richard, the real question here, they don't have to agree to $250,000 but they have to let a vote happen on $250,000. in of that case mitch mcconnell would have to agree not owe filibuster and speaker boehner would have to allow the bill to come to the floor. it's 9 process disagreements. >> i may not be the only person who is getting confused on the optimist/pessimist signals. let's listen to what we heard from a couple senators. first
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